TSYS Extends Payments Agreement with Valley National Bank
Staff Report From Columbus CEO
Tuesday, June 20th, 2017
TSYS announced that it has signed a long-term agreement with Valley National Bank to continue providing issuer processing services for the bank’s consumer credit and debit card portfolios.
“TSYS has been a trusted provider for Valley for two decades,” said Thomas Sparkes, First Senior Vice President, Valley National Bank. “They have provided a tremendous level of support and product expertise over the years, affording our customer base the best service we could ask for.”
“Our relationship with Valley National Bank is one that we can be proud of as a company,” said Allen Pettis, President, North America Issuer Solutions, TSYS. “The level of trust and collaboration between our two businesses has made it easy for us to provide the elite service that they have come to expect for their cardholders.”
As part of the agreement, TSYS will continue to provide Valley National Bank with additional services, such as data analytics, fraud prevention and customer support.
Financial terms of the long-term agreement were not disclosed.